QA2019-16 - More guidance for impact assessment
Atribute | Detail |
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Resolution Reporting Subject Matter | Guidance |
Guidance Documents | Critical-Functions |
Taxonomy | - |
Unique Identifier |
QA2019-16 |
Question
It is important to receive further guidance and statistics from the authorities. Furthermore, data should be comparable amongst institutions and therefore clear guidance and definitions on what is deemed ‘large’, ‘medium’, ‘small’ or ‘negligible’ is essential to be able to complete this section.
Response
The SRB has included references to publicly available statistics in the Impact analysis section. When banks are filling the SRB template, they should also rely on their own judgement when completing the impact indicators. Resolution authorities will compare the data received and ensure consistency in final outcomes.
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